How does SIRI's PE Ratio compare to its peers?

SIRI is good value based on its Price-To-Earnings Ratio (5.7x) compared to the peer average (12.8x).

How does SIRI's PE Ratio compare vs other companies in the TH Real Estate Industry?

SIRI is good value based on its Price-To-Earnings Ratio (5.7x) compared to the TH Real Estate industry average (15x).

What is SIRI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SIRI is good value based on its Price-To-Earnings Ratio (5.7x) compared to the estimated Fair Price-To-Earnings Ratio (8.1x).

What is the Fair Price of SIRI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

SIRI (THB1.83) is trading above our estimate of [[fair value]] (THB1.08)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

Sansiri (SET:SIRI) - Stock Price, News & Analysis

SIRI Stock Overview

Engages in the property development business in Thailand. More details

SIRI fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	2/6
Financial Health	4/6
Dividends	5/6

Rewards

Price-To-Earnings ratio (5.7x) is below the TH market (14.8x)

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 1.3% per year for the next 3 years

Debt is not well covered by operating cash flow

Unstable dividend track record

Shareholders have been diluted in the past year

Sansiri Public Company Limited Competitors

Frasers Property (Thailand)

SET:FPT

฿29.7b

AP (Thailand)

SET:AP

฿27.4b

Supalai

SET:SPALI

฿38.9b

Amata Corporation

SET:AMATA

฿33.4b

Price History & Performance

Summary of all time highs, changes and price drops for Sansiri
Historical stock prices
Current Share Price	฿1.83
52 Week High	฿1.94
52 Week Low	฿1.51
Beta	1.06
11 Month Change	1.11%
3 Month Change	2.81%
1 Year Change	8.93%
33 Year Change	44.09%
5 Year Change	66.36%
Change since IPO	-82.02%

Recent updates

Shareholder Returns

	SIRI	TH Real Estate	TH Market
7D	6.4%	0.6%	0.8%
1Y	8.9%	-10.5%	3.1%

Return vs Industry: SIRI exceeded the TH Real Estate industry which returned -10.5% over the past year.

Return vs Market: SIRI exceeded the TH Market which returned 3.1% over the past year.

Price Volatility

Is SIRI's price volatile compared to industry and market?
SIRI volatility
SIRI Average Weekly Movement	4.0%
Real Estate Industry Average Movement	4.8%
Market Average Movement	4.8%
10% most volatile stocks in TH Market	10.3%
10% least volatile stocks in TH Market	2.4%

Stable Share Price: SIRI has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: SIRI's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1984	n/a	Apichart Chutrakul	www.sansiri.com

Sansiri Public Company Limited, together with its subsidiaries, engages in the property development business in Thailand. It operates through Property Development; Building Management, Project Management and Real Estate Brokerage; Hotel Management; Hotel; and Other Business segments. It develops single-detached and semi-detached houses, townhomes, home offices, and condominium projects; and invests in leasehold commercial building under the Habito Mall retail name, which includes various retails shops and restaurants.

Sansiri Public Company Limited Fundamentals Summary

How do Sansiri's earnings and revenue compare to its market cap?
SIRI fundamental statistics
Market cap	฿31.64b
Earnings (TTM)	฿5.57b
Revenue (TTM)	฿39.83b

5.7x

P/E Ratio

0.8x

P/S Ratio

Is SIRI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SIRI income statement (TTM)
Revenue	฿39.83b
Cost of Revenue	฿25.94b
Gross Profit	฿13.89b
Other Expenses	฿8.32b
Earnings	฿5.57b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.32
Gross Margin	34.87%
Net Profit Margin	13.98%
Debt/Equity Ratio	164.1%

How did SIRI perform over the long term?

See historical performance and comparison

Dividends

7.7%

Current Dividend Yield

32%

Payout Ratio

SIRI Stock Overview

Rewards

Risk Analysis

Sansiri Public Company Limited Competitors

SET:FPT

฿29.7b

SET:AP

฿27.4b

SET:SPALI

฿38.9b

SET:AMATA

฿33.4b

Price History & Performance

Recent News & Updates

New major risk - Revenue and earnings growth

New major risk - Revenue and earnings growth

Now 20% overvalued after recent price rise

Hyatt Hotels Corporation (NYSE:H) completed the acquisition of Standard International Inc. from Sansiri Public Company Limited (SET:SIRI).

First half dividend reduced to ฿0.07

Second quarter 2024 earnings: EPS misses analyst expectations

Recent updates

New major risk - Revenue and earnings growth

New major risk - Revenue and earnings growth

Now 20% overvalued after recent price rise

Hyatt Hotels Corporation (NYSE:H) completed the acquisition of Standard International Inc. from Sansiri Public Company Limited (SET:SIRI).

First half dividend reduced to ฿0.07

Second quarter 2024 earnings: EPS misses analyst expectations

First quarter 2024 earnings: EPS misses analyst expectations

Sansiri Public Company Limited Approves Dividend for the Year Ended December 31, 2023, Payable on 20 May 2024

Upcoming dividend of ฿0.10 per share

Final dividend of ฿0.10 announced

Full year 2023 earnings released

XSpring Asset Management Company Limited acquired Pridit Co., Ltd from Sansiri Public Company Limited (SET:SIRI) for THB 15 million.

Third quarter 2023 earnings: EPS exceeds analyst expectations

Sansiri Public Company Limited Appoints Pongsatorn Suksangium as Independent Director, Member of the Audit Committee and Risk Management Committee

Sansiri Public Company Limited (SET:SIRI) agreed to acquire remaining 30% stake in Big Touch 2 Co., Ltd. from Private Funds managed by XSpring Asset Management Company Limited for THB 41.9 million.

Sansiri Public Company Limited Approves Appointment of Mr. Apichart Chutrakul as Chief Executive Officer

Sansiri Public Company Limited Approves Executive Changes

Upcoming dividend of ฿0.10 per share at 11% yield

Second quarter 2023 earnings: EPS misses analyst expectations

Sansiri Public Company Limited Declares Interim Cash Dividend for the Operating Period from January 1, 2023 to June 30, 2023, Payable on September 12, 2023

Sansiri Public Company Limited (SET:SIRI) agreed to acquire 70% stake in Good Asset Co., Ltd. from Chonthicha Sawatyanon for THB 42 million.

First quarter 2023 earnings: EPS exceeds analyst expectations

Sansiri Public Company Limited Announces Dividend for the Year 2022, Payable on May 17, 2023

Upcoming dividend of ฿0.11 per share at 8.1% yield

Consensus EPS estimates increase by 10%

Price target increased by 8.2% to ฿1.84

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: ฿0.08 (vs ฿0.037 in 3Q 2021)

Consensus EPS estimates increase by 25%

Price target increased to ฿1.45

Less than half of directors are independent

Price target increased to ฿1.31

Sansiri Public Company Limited (SET:SIRI) acquired remaining 30% stake in Siri TK Four Co., Ltd from Tokyu Corporation (TSE:9005) and Saha Tokyu Corporation CO., Ltd for THB 74.2 million.

Upcoming dividend of ฿0.04 per share

Second quarter 2022 earnings released: EPS: ฿0.056 (vs ฿0.039 in 2Q 2021)

Sansiri Public Company Limited Announces Interim Cash Dividend for the Operating Period from January 1, 2022 to June 30, 2022, Payable on September 13, 2022

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Sansiri Public Company Limited Approves Dividend for the Period from 1 January 2021 to 31 December 2021, Payable on 20 May 2022

Less than half of directors are independent

Upcoming dividend of ฿0.06 per share

Full year 2021 earnings: EPS and revenues miss analyst expectations

Sansiri Public Company Limited Board Approves Dividend Payable on 20 May 2022

Price target increased to ฿1.24

Price target increased to ฿1.14

Third quarter 2021 earnings released: EPS ฿0.037 (vs ฿0.048 in 3Q 2020)

Second quarter 2021 earnings released: EPS ฿0.039 (vs ฿0.018 in 2Q 2020)

XSpring Asset Management Company Limited and Sansiri Public Company Limited (SET:SIRI) agreed to acquire Pool Assets for THB 127.5 million.

Consensus EPS estimates increase to ฿0.12

Investor sentiment improved over the past week

Price target increased to ฿0.85

First quarter 2021 earnings released: EPS ฿0.02 (vs ฿0.004 in 1Q 2020)

Advise Health Holdings, LLC Approves Dividend for the Year 2020, Payable on 20 May, 2021

Investor sentiment improved over the past week

New 90-day high: ฿0.94

Analysts update estimates

Sansiri Public Company Limited, Annual General Meeting, Apr 30, 2021

Full year 2020 earnings released: EPS ฿0.11 (vs ฿0.17 in FY 2019)

Revenue and earnings miss expectations

Sansiri Public Company Limited Announces Executive Changes